This bill proposes an amendment to Minnesota's taxation laws specific to how income from foreign service pensions is treated. Essentially, individuals receiving a pension or retirement pay for their service in the foreign service, which is established under a specific U.S. law, would be able to subtract this income from their state taxable income. The amount of the subtraction is calculated by multiplying the pension received by the ratio of years served in the foreign service to the total years served in civil service. This means that the more years an individual served in foreign service, the greater the subtraction from their state taxable income, which could lead to a lower tax burden.